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    FOR SALE
    Industrial properties

    3003 Northup Way, Bellevue, WA 98004

    30,255 SF 2.54 ac lot Built 1969
    Entity Owned 24-yr Hold ~ Est. High Equity
    Property ID
    US90-0995618
    Property summary
    AI-generated overview

    This exceptional 7,065-square-foot single-tenant flex/warehouse space is ideally situated at 3003 Northup Way in Bellevue, Washington, within King County. The property boasts a generous 520-acre lot, providing ample room for expansion or outdoor storage. The building offers convenient access via one dock-high door, streamlining loading and unloading operations. Parking is readily available with 25 spaces provided for employees and visitors. The property is classified as both office and industrial, making it suitable for a variety of businesses requiring a blend of office and warehouse space. The entire 7,065 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a substantial, versatile space in a prime Bellevue location. The property's zoning and specific permitted uses should be verified independently. The address is 3003 Northup Way, Bellevue, WA 98004. This single-tenant building offers a significant advantage for businesses seeking a dedicated and private workspace. The expansive lot size offers potential for future development or expansion, depending on zoning regulations and approvals. The combination of office and warehouse space makes this property highly adaptable to a wide range of business needs. Interested parties are encouraged to conduct their own due diligence to confirm all aspects of the property's suitability for their intended use.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1969
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 30,255 SF
    Lot 2.54 ac (110,567 SF)
    Zoning code OLB
    APN 202505-9018
    UPID US90-0995618
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Kathleen Bargman Physician Medical Clinic
    • Amanda Stevens Physician Medical Clinic
    • Suzannee Christensen Physician Medical Clinic
    • Haley Miller Physician Medical Clinic
    • Kristin Dato Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $4.29M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.27M
    Owner & transaction history
    Kenan Behm LLC · 24 yrs held
    Kenan Behm LLC
    since 2001
    6 recorded transactions
    2019
    2001
    1992
    $1.5M
    1969
    1969
    1969
    Zoning & alternative use
    OLB · Bellevue, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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